Pollen Street Capital to acquire a majority stake in Ding.

Pollen Street Capital, an investment management company, agreed to acquire a majority stake in Ding, a mobile service. Financial terms are not disclosed. “We are delighted to announce the investment by Pollen Street Capital. The addition of a strategic investor to our company marks an important milestone for Ding and sets us up for significant growth. Sixteen years ago, we set out with a mission to solve a real problem, to simplify how people separated from their loved ones could stay connected to those back home. At that time, the process was cumbersome and inefficient and today through Ding’s platform we have transformed how people stay connected. We are proud that we are now the global leader and have earned the trust of millions of customers all over the world," Mark Roden, Ding Founder and CEO.